PUBLISHER: Grand View Research | PRODUCT CODE: 1888724
PUBLISHER: Grand View Research | PRODUCT CODE: 1888724
The global sequencing consumables market size was estimated at USD 8.42 billion in 2024 and is projected to reach USD 55.62 billion by 2033, growing at a CAGR of 23.49% from 2025 to 2033. Continuous advancements in sequencing technologies and a growing emphasis on genomics research are the primary factors driving the global sequencing consumables industry's overall growth.
As sequencing technologies evolve, they become more efficient, accurate, and capable of handling larger volumes of data, which drives the increased adoption of sequencing in various fields, including genomics and personalized medicine.
Rapid Technological Advancements
The rapid advancement of sequencing technologies significantly drives the sequencing consumables market. The shift from legacy sequencing technologies to next-generation sequencing systems, which include accessible high-throughput short-read, real-time long-read sequence, and new emerging ultra-high-accuracy single-cell sequencing technologies, is fueling ongoing increases in demand for defined consumables. New sequencing technologies unlock enhanced sensitivity and speed through chemistry, workflows, and throughput, which necessitate new classes of reagents, buffers, library preparation kits, adapters, and sequencing chips.
At the same time, the producers have also been working on consumables specific to more advanced platforms such as nanopore flow cells, long-read sequencing cartridges, and microfluidic single-cell kits. The accelerated implementation of automated platforms, which involve integrated sample-to-result workflows and cloud-connected sequencing components, continues to increase capacities and offer reliable sales of consumables for compatible technologies.
Global Sequencing Consumables Market Report Segmentation
This report forecasts revenue growth and provides an analysis on the latest trends in each of the sub-segments from 2021 to 2033. For the purpose of this report, Grand View Research has segmented the global sequencing consumables market on the basis of product, platform, application, end use, and region.